Chinese Bitcoin mining rig manufacturer Bitmain is considering a phased strategy to establish its first US factory soon. The company would also officially set up a new headquarters in either Texas or Florida, Bloomberg reported.
In the first phase, Bitmain intends to recruit about 250 local employees for manufacturing and site-level maintenance units.
According to Irene Gao, Bitmain’s global business chief, the company will start its initial output in early 2026 and begin full-scale production later in the year.
Gao calls the US a “unique opportunity” at a time when Trump’s administration is riding towards pro-crypto policies and a “Made in USA” strategy. The shift is further driven by the US industrial policies, tariffs, and China’s 2021 mining ban.
Last month, Trump’s family-associated crypto venture raised $220 million to buy Bitcoin and digital asset mining equipment.
CryptoNews reports